Is It Time to Buy Coca-Cola? 3 Things We Need to Find Out First
Coca-Cola (NYSE: KO) has a few big questions to answer for investors in late July. The beverage titan's stock has outperformed the market in 2022 thanks to perceptions that its business will be relatively stable through any economic downturn. Investors are excited about prospects for increasing cash returns, too, through dividends and stock buyback spending.
Let's take a look at how Coke might cement its position as an attractive stock for 2022 through a few key metrics in its upcoming earnings report slated for July 26.
The main headline number will be revenue, which most investors expect to see jump by 13% to $10.5 billion. For context, Coke's prior sales boost, in Q1, was 16%.
Source Fool.com
